U.S. tightens exports to China's chipmaker SMIC, citing risk of military use

70% of Korean Air employees furloughed

South Korea’s flag carrier Korean Air will put 70% of its 19,000 staff on furlough, it said, as it scrambles to cope with the coronavirus pandemic that has brought global aviation to a standstill. The airline industry is among the sectors worst hit by the virus and the ensuing travel restrictions, with thousands of flights cancelled, […]